Fierce Healthcare November 11, 2022
Medicare Advantage (MA) beneficiaries have a wealth of options to choose from when it comes to plans for 2023, with a new analysis finding an average beneficiary can pick among 43 plans, more than double the 20 plans in 2018.
The analysis, released Thursday by the Kaiser Family Foundation, comes as more insurers are entering the MA market. MA is also likely to make up more than half of total Medicare enrollment in the 2023 coverage year.
“More Medicare Advantage plans are being offered for 2023 than in any other year since 2010, confirming the attractiveness of this market for insurers across the country,” according to the analysis. “The sheer number of plans presents both...
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